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FATF blacklist harms domestic economy: Vaezi 25 Dec 2019

FATF blacklist harms domestic economy: Vaezi

TEHRAN (Iran News) – Iranian President’s Chief of Staff Mahmoud Vaezi, in a tweeter message, announced that being enlisted in the Financial Action Task Force or FATF blacklist will cause enormous damage to Iran’s domestic economy. The officials warned that the nation has to be briefed about the consequences of being blacklisted by the international […]

Fighter Jet Crashes Ardabil, Pilot Still Missing 25 Dec 2019

Fighter Jet Crashes Ardabil, Pilot Still Missing

TEHRAN (Iran News) – A fighter jet of the Iranian Air Force crashed in the northwestern province of Ardabil on Wednesday, and the pilot is still missing. The MiG-29 fighter jet had taken off from an airbase in the city of Tabriz and was patrolling in the airspace of Ardabil Province when it crashed in […]

Petrochemical Plant in Iran Increase Output 25 Dec 2019

Petrochemical Plant in Iran Increase Output

TEHRAN (Iran News) – Jam Polypropylene and Petrochemical Plant has set a new production record in the first 8 months of the current calendar year, which began on March 21. According to the Petrochemical company, the plant polypropylene output was 13% higher year on year during the period. A subsidiary of Jam Petrochemical Company, Jam […]

Military aircraft fall down in Ardabil 25 Dec 2019

Military aircraft fall down in Ardabil

TEHRAN (Iran News) – An official at the provincial government of Ardabil, northwestern Iran, has confirmed eyewitness reports that a military aircraft, most likely as the army facilities, has crashed near Sabalan Mountain in Ardabil. The official told IRNA that the incident is currently being investigated and further details will be disclosed after the investigation […]

International textile exhibition hold in Isfahan 25 Dec 2019

International textile exhibition hold in Isfahan

TEHRAN (Iran News) – The 13th edition of the International Exhibition of Textile Industry and Second Modex Exhibition kicked off in the central city of Isfahan on Tuesday and will go on through December 27. The four-day international textile exhibition is hosting 58 companies in an area of over 8,500 square meters in Isfahan International […]

Iran’s toy industry can boost forex revenues 25 Dec 2019

Iran’s toy industry can boost forex revenues

TEHRAN (Iran News) – Iran’s toy industry has remarkable capacity for boosting the country’s exports and foreign currency revenues said the head of Iran Toy Association. Speaking in an exclusive interview with Iran Daily, Gholamreza Dizaji, added Iran is definitely capable of increasing its share of the international toy market in light of its enormous […]

Discovery of new oil field will be announced soon 24 Dec 2019

Discovery of new oil field will be announced soon

TEHRAN (Iran News) – The National Iranian Oil Company (NIOC) expects to announce the discovery of a new oil field in Khuzestan province before the end of the current Persian year in March 2020, a NIOC official says. It would be the second major oil field after NIOC announced the discovery of the Namavaran oil field last […]

Daily consumption of gasoline dropped by %15.9 24 Dec 2019

Daily consumption of gasoline dropped by %15.9

TEHRAN (Iran News) – Iran’s daily consumption of gasoline has dropped by almost a sixth more than a month after the government announced its controversial fuel price hikes. A senior Oil Ministry official said on Monday that the total gasoline pumped into the cars across the country had decreased to 75.5 million liters a day […]

Azadegan oil field recovery factor can increase by 10% 23 Dec 2019

Azadegan oil field recovery factor can increase by 10%

TEHRAN (Iran News) – Studies and screening carried out by the University of Tehran’s Institute of Petroleum Engineering on Azadegan oil field, in southwestern Iran, indicate that the joint field recovery factor can be increased by 10 percent, Shana reported. According to the head of Petroleum Engineering and Development Company (PEDEC)’s Research and Technology Department, […]

Secondary circuit of Arak reactor opened 23 Dec 2019

Secondary circuit of Arak reactor opened

TEHRAN (Iran News) – The secondary circuit of Iran’s Arak heavy water reactor was to become operational on Monday, cutting further delays in the plant’s reconfiguration by signatories of the 2015 nuclear deal.    Under the deal, Iran agreed to remove the core of the Arak reactor and fill it with concrete provided that the other parties of the accord […]